Skip to main content

About your Search

20130313
20130321
STATION
LANGUAGE
Search Results 0 to 12 of about 13
CNBC
Mar 21, 2013 3:00pm EDT
? >> reporter: the head of the central bank of this country is urging parliament to pass a new law that would give him the ability to wind down one of the troubled banks in this country. this is a signal of the solution that they're finally going to try to seek in terms of getting out of this crisis. right now, he doesn't have the authority to shut down one of the banks, which is pretty odd. most countries, the central bank does have the authority to shut down banks. they need that law passed so they can begin the process. that would be one of the conditions it would have to meet in order to get the bailout from the imf, the european union, and the ecb to prevent the financial collapse of the country on tuesday, when they try to reopen the banks. >> in terms of that one bank, what would be the ripple effects of closing down that one bank? >> reporter: well, it would save them a lot of money, because they don't have to recapitalize it, right? that's why the european union would laike it, because it woul reduce the bailout cost needs. at the same time, you can assume that a lot of em
CNBC
Mar 18, 2013 3:00pm EDT
now is the rule of law being brought into question. can rules about depository insurance change over the course of a weekend? i think the size of cyprus right now, what it represents directly is not a threat. we're assessing. but if this is contained in some broader bailout oriented scheme, i think it could be something weathered by the markets. that said, the rule of law being brought into question is not a good thing. >> steve sacks, are you seeing a reaction in some of the european etfs out there? or are you seeing the same kind of money mentality going into exchange traded funds? what are you seeing out there? >> maria, it's really the same reaction we're seeing in broader equities today. you know, basically an overreaction. you know, we saw higher volumes in volatility spike on the open this morning with that gap lower. we've seen volumes in money flows just sort of steady out throughout the course of the day. obviously a lot of talk this morning on wall street about, you know, what happened over the weekend, you know, with cyprus. at the end of the day i think the market pretty
CNBC
Mar 19, 2013 3:00pm EDT
sarbanes-oxley law. when it was passed, we saw a lot of merger and acquisition activity that took place. a lot of companies basically copitch lating because they couldn't cover the cost. we've got two major pieces of legislation that are taking place right now in the dodd/frank bill, in the financial sector, and in obama care, and in the health care sector. i think you're going to see some of the same things happening. you're going to see a lot of merger and acquisition activity. i like manhattan partners here. >> who gets hardest hit, as a result of obama care and dodd/frank? where are the areas of this market that you want to avoid, given this higher regulatory environment? >> when you see the passage of the sarbanes, you saw a lot of the smaller companies. they merged the together because they needed to get the economies of scale to cover the cost of all that regulation. i think you're going to see some of the same things happening -- >> smaller and mid-cap -- >> exactly. >> rick santelli, we did not forget about you, i assure you. while the stock market hasn't suffered too muc
CNBC
Mar 13, 2013 3:00pm EDT
put the law on your side. and make your business dream a reality. all stations come over to mithis is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. [ laughter ] ♪ [ female announcer ] each one of us is our own boss. ♪ and no matter where you are in life, ask your financial professional how lincoln financial can help you take charge of your future. ♪ >>> >>> well, our focus has been on the religious capital of the world with the new pope unveiled, but now we're back to the financial capital. bob pisani, do you think we're going to get a new high? >> the trend is certainly in that direction. since the beginning of march, we're up another 3%, and almost every day, we close right near the highs. in other words, we tend to start low, and for the last eight, nine days, we end near the highs. and a tenth day, in 17 years. yes, we're already -- >> tr
CNBC
Mar 14, 2013 3:00pm EDT
reality. at legalzoom.com we put the law on your side. and make your business dream a reality. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. (music throughout) why turbo? trust us. it's just better to be in front. the sonata turbo. from hyundai. departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> >>> will we or won't we. s&p 500 closed at a new high today. we are just a couple points away. josh lipton watching the market like a hawk. >> maria, another day of green arrows. the dow set to extend its winning streak to ten days. that would be the longest winnin
CNBC
Mar 20, 2013 3:00pm EDT
projections in the revised summary of economic projections has kind of a, seems like an oakens law dilemma there. they have reduced the projected rate of unemployment, at the same time, lowered the growth forecast. so how do you square those two? how do you get sustained improvement in the labor market if the economy is going to slow down? >> well, if, in fact, that happens, it's an issue, obviously. there's been some disconnect, at least in the short run, between unemployment rate changes and growth during this recovery, and there have been periods, at least, where unemployment has fallen relatively quickly, even though growth has been more limited. so we're just going to have to monitor developments in the economy and see what happens. you're right that we're not forecasting extraordinarily strong growth, but it is also true, as i think you noted, that our projections for unemployment in the fourth quarter are noticeably lower than they were in september when we first announced this asset purchase program. so there has been some improvement in the outlook, as measured by that met
FOX Business
Mar 21, 2013 3:00pm EDT
guilty by a court of law. obviously we will get his say on this. we will give what his lawyers have to say. it has always been their suspicion that he was guilty, did some nefarious things, and said trading is one of the issues. and, you know, they put it aside. they do this often. i saw this. the guy that said to fresh face eager beavers. the budgets of the world that they wanted to turn him into -- cheryl: call then. >> reporter: compelling tv. what was interesting is that they really did have a case pretty early. that is what they went with it. they went with him to cooperate. he refused to cooperate, and at some point about two years later after he just went nuclear and send all of the sort of in st. e-mails to fbi agents. prosecutors threatened them. then nail the. why they waited so long, maybe he was not front burner. maybe they tried to turn them. you never know. could have been that there was a last chance the the given to turn evidence, maybe not against his brother. he said no and they just charged him. a lot that needs to be fleshed out, but i will tell you, the fascinat
FOX Business
Mar 19, 2013 3:00pm EDT
dream a reality. at legalzoom.com we put the law on your side. and make your business dream a reality. but maybe the problemn't a. isn't your lawn. introducing the all-wheel-drive mower from husqvarna. we engineered its unique drive system and dual transmission to handle hills& thick grass& and tough terrain& without losing traction or power the all-wheel-drive mower from husqvarna. challenge the impossible. visit us online to enter the challenge the impossible promotion cheryl: count gown to the couldn't down. attacks at the fore front adds jack lew talks to the chinese president. we talk to the palo alto ceo on profiting from protection. cypress worries continues to hit u.s. investors today, but is the correction an opportunity to load up your portfolio? dan chung tells you why you should run with the bulls. the ceos of two major airline make a case to dc to merge, can the airlines make your portfolio soar? one says the fundmentals point to yes. "countdown to the closing bell" starts right now. ♪ cheryl: i'm cheryl cheryl in for liz claman, the last hour of trading, and the market
FOX Business
Mar 18, 2013 3:00pm EDT
legalzoom.com we put the law on your side. ♪ cheryl: countdown to the countdown. the smartphone battle rages on. apple takes direct aim at samsung after the release of its new s4 galaxy. is this its last hope? invest like an activist. one fund manager's take on how to follow the smart money as we break down the fundamentals of 13d activist fund. plus another euro bank crisis. the latest move by cypress spooking markets around the world. bob dahl weighs in on how it's impacting the global. the "countdown to the closing bell" begins right now. ♪ cheryl: i'm cheryl casone in for liz claman. it is the last hour of trading, and the count down's beginning, and the dow is making somewhat of a big turn around right now after dropping more than 109 p points. the dow trying to squeeze through the green a little more than 30 minutes ago, now down 26 points as you can see on your screen. u.s. markets have been falling in global selloff in response to cypress' plan for a deposit tax. now it seems like we're shrugging off those headlines. now, shares of hewlett-packard and verizon are helpi
CNBC
Mar 19, 2013 4:00pm EDT
laws, and the rule of law concept, they are taking the money from the depositors. what faith will they have now, aside from cyprus, what are the other member states and their deposits have to say? remember, the concept of the eu was to have a unified national union of sorts. in this country, if we had one state or one bank going under, we wouldn't expect all the depositors throughout the united states and every bank to contribute. on the contrary. >> now, i understand that about half of the depositors are russians. which is also interesting. >> well, and that's the backstory. >> give me the backstory. >> my interpretation of the backstory is, if you recall, the troika, sneao to speak, has bee looking for an alleging of laundering money. it's been going on, they've been looking for this and nothing's been found. it's like accusing someone of a crime and expended so much time and energy and not finding it and now they've got to extract some basis of retribution. >> so it's basically like saying, we know you've been money laundering and this country wants a bailout, so you're going t
CNBC
Mar 14, 2013 4:00pm EDT
and the laws of gravity have to kick in at some point. >> unfortunately or fortunately, people have been expecting that pullback for almost three weeks or so, give or take. when it comes, does that mean it will be bigger than we're expecting? not necessarily, but we have not seen a real down day of any significance in weeks. and i think we're -- maybe we're getting a little too complacent on the upside. >> we're two points away from that all-time high on the s&p. we've got 30 seconds left. and really, as you know t, the last few days, we've seen the market really kind of hit those numbers as we go into the close there. we'll see what happens. warren myers, thank you very much. up eight point s on the s&p, up 80 points on the dow. this will be the second best gain of the year. however, will this last? you've got expiration day tomorrow. you've got the stress test results coming out. shelia bair will be talking, our new secretary treasury as well. that's coming up on the next hour of the "closing bell." see you tomorrow. >>> and it is 4:00 on wall street. do you know where your money
FOX Business
Mar 20, 2013 3:00pm EDT
we put the law on your side. ♪ cheryl: let's check in with nicole petallides on the floor of the new york stock exchange. we also have jeff flock standing by in the pits of the cme. want to go first to you. a lot of new highs being hit today. >> that's right. all taken from there. we have the market at new highs. the dow jones industrial moving to all-time records intraday highs. several names on the dow jones industrial average that are hitting high -- lifetime highs. we will take a look at some of the food highs because of the general mills numbers. general mills is talking about core volume growth. you think of general mills. you think of cheerios and some of the other things that they make like hamburger helper and such. you can see, general mills is a nearly 3%. of all that has been going on, it certainly seems to be a safe haven. take a look as some of the other names in the group. you can look at j&j snack food, kellogg, carmel, mccormick, the spices. general mills would be in this list. hershey in power, known for tasty treats. now, all of these names are actually hitting
CNBC
Mar 20, 2013 4:00pm EDT
careful and this has to be very thought out. and i would say, in terms of the health care law, that's going to go into effect, there are significant unintended consequences that was not thought out as much as it should have, that will significantly affect the cost structure of small businesses. and this is an example, where i think you've got to be very careful with this kind of transformation legislation that ultimately, perhaps, has a negative effect on the economy. >> and did you want to get to something you said was misleading? >> well, i think -- that's the starting wage that you're talking about, but most starbucks people are highly tenured and are tipped throughout the day. so it's not a real number. >> and before you go, you've got to give us some reaction to this comic book, basically, about your life. you're now a super hero, howard. >> you know, that's one of those things where i just woke up one day and i could not believe that someone would spend the time writing a comic book about me. there must be a lot more important things to do. >> howard, good to have you on the pro
Search Results 0 to 12 of about 13